The party said it was astonished by the “shady and fly-by-night” transactions between the Bala Mohammed and business associates, friends and political allies of the Governor of Bauchi State.
The text of the Press Conference was entitled: ‘The APC Bauchi State Chapter outrightly condemns the unlawful lease of Zaranda Hotels at N1.2bn, Wikki Hotels at N200m and sale of Bauchi Meat Factory at N301m, Galambi Cattle Ranch at N150m, Bauchi Fertilizer Blending Company at N400m and the Bauchi Furniture Company at meager amounts to family and friends against the interests of the people of Bauchi State.
Misau said: “The affected industries are the famous Bauchi Meat Factory which, in the 1990s, was prominent in supplying meat across the globe; the Bauchi Furniture Company which employed hundreds of our youth and had its products across the country and the Bauchi State Fertilizer and Blending Company, which supplied mass quantity of fertilizer to farmers at subsidised rates for rapid agricultural advancement.
“In spite of these laudable contributions made by the affected companies in improving the economy of Bauchi State, the administration of Bala Mohammed has chosen to sacrifice the industries for personal gains, otherwise Bauchi state derives no meaningful benefit in any of the following transactions:
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